UK Markets Outlook Pessimism about sterling’s prospects overdone In contrast to some forecasters who have suggested that the pound could reach parity with the euro before the end of the year, we expect sterling to reverse some of its recent losses against the euro... 6th September 2017 · 1 min read
Asia Economics Weekly Philippines: No need to worry about the weak peso Subdued inflation and a relatively low level of foreign currency debt mean the weakness of the Philippine peso, which has recently been hitting multi-year lows against the US dollar, is not a major... 1st September 2017 · 1 min read
China Economics Update Don’t underestimate the renminbi The renminbi’s strong gains against the dollar over recent weeks caught many by surprise, and most think they will reverse before long. By contrast, we believe there is a good chance that appreciation... 31st August 2017 · 1 min read
Latin America Chart Pack Brazil’s political crisis puts back pension reform The past month has brought some signs that the continuing political crisis in Brazil is starting to weigh on the more ambitious elements of the government’s reform programme. While President Temer’s... 30th August 2017 · 1 min read
Africa Economics Update African markets continue to pick up August was another strong month for African markets as key equity indices gained. Fears that politics would knock markets off course proved ill-founded. 30th August 2017 · 1 min read
Japan Economics Update Further yen weakness and Nikkei upside limited Having appreciated against the dollar over recent weeks, the yen initially strengthened further when news of the North Korean missile launch broke yesterday. Despite this, we continue to expect the... 30th August 2017 · 1 min read
China Economics Update A tale of two currencies The renminbi’s continued strength against the US dollar this month has forced us to update our forecasts. The Hong Kong dollar, by contrast, has declined to record lows against the US currency and may... 29th August 2017 · 1 min read
Asia Economics Update Asian equities shrug off latest Korean tensions Equity markets in Emerging Asia have continued to take the crisis in North Korea in their stride. Although most markets have fallen in response to today’s missile test, the moves are very small. It is... 29th August 2017 · 1 min read
Europe Economics Weekly Economy shrugs off stronger euro for now Although the euro’s strength does not appear to have had an adverse impact on the euro-zone economy so far, this may not last. After all, unless the currency’s recent appreciation is reversed, it... 25th August 2017 · 1 min read
Middle East & North Africa Chart Pack Qatar crisis reaches an impasse The diplomatic crisis between Qatar and regional powers seems to be in deadlock. Saudi Arabia and its allies revised their demands in July to something that appeared to be more palatable for Doha, but... 24th August 2017 · 1 min read
China Economics Update What’s going on with the Hong Kong dollar? While other currencies have recently been rising against the US dollar, the Hong Kong dollar has been sliding to historic lows, albeit within the narrow confines of its currency peg. This is the... 24th August 2017 · 1 min read
Latin America Economic Outlook Recovery to strengthen over coming year After a torrid couple of years, the economies of Latin America have turned a corner and we expect growth to strengthen over the rest of 2017 and into 2018. Inflation has fallen in most countries and... 23rd August 2017 · 1 min read
Asia Chart Pack Will other central banks follow Bank Indonesia? Despite the current subdued rates of inflation across most of Emerging Asia, we don’t expect many of the region’s central banks to copy Bank Indonesia, which yesterday surprised markets by cutting... 23rd August 2017 · 1 min read
India Economics Update Will the strength of the rupee be sustained? Strong inflows into India’s equity and bond markets have been a key reason behind the strengthening of the rupee against the US dollar in recent months. But there are reasons to think that these... 23rd August 2017 · 1 min read
India Economics Update Rise in bond yields has further to run The rise in Indian bond yields over the past couple of weeks reverses only a small portion of the drop since the start of 2017. But looking ahead, with the RBI ramping up its open market sales and... 21st August 2017 · 1 min read
Asia Economics Weekly Remittance slowdown a big risk to South Asia A fall in remittances to Bangladesh, Pakistan and Sri Lanka is a big concern for these economies. If sustained, it could cause growth to weaken and put their currencies under downward pressure. 18th August 2017 · 1 min read
